Crypto news (10/06th/2020)

Dismissal of Binance’s alliance with the Japanese crypto platform.
Binance and Japanese platform TaoTao have not reached an agreement on a strategic alliance.

TaoTao announced on Monday that negotiations between the two parties to create a cryptocurrency trading platform intended for Japanese users ended without consent and the alliance was terminated, CoinDesk Japan reported.

DeFi Indexes Fall Despite Strong Fundamentals.
Binance Futures’ DeFi Composite Index has lost half its value since launch.

The DeFi Index on Binance Futures has dropped more than 50% from an all-time high of $ 1,189 on its first day of trading, and the basket is now changing hands for just $ 507.

SEC Opens Criminal Case Against John McAfee For 7 Shillings ICO.
The scandalous celebrity cryptocurrency was sued for supporting paid projects.

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